Markets & Investing
Singapore's big banks are on a buying spree as share buybacks hit $116.5m
Singapore's big banks are on a buying spree as share buybacks hit $116.5m
DBS led the shopping spree with 2.95 million stocks bought for $74.79m.
Chart of the Day: Outbound M&As jumped 13.7% to $24.15b in September
Germany is the most targeted nation for Singapore oversea deals.
MAS unveils latest enforcement monograph
It explains the agency’s investigative powers over the financial sector.
M&A activity drops 18.5% to US$54.3b YTD
Deal size shrank from US$129.1m to US$113.4m.
Chart of the Day: Big four telcos total returns averaged 5.5% in September
Netlink NBN Trust saw the highest QTD returns in September at 6.1%.
PM Lee warns against bitcoin scammers amidst fake news era
The government will study 22 proposals to address fake news.
SGX calls for feedback on new securities trading proposal
The 'trade at close' will be rolled out by July 2019 if adopted.
SGX welcomes Hong Kong advisory firm to derivatives market
Lion Futures caters to international futures markets.
Chart of the Day: NORX hit $24.9b in August
It was pushed by growth in both electronic and non-electronic segments.
Mapletree Logistics Trust issues new units to raise $375m
It will partially fund the firm's acquisitions.
The Asian Export Awards 2018 welcomes MICCI as partner
MICCI intends to be the premier advocate for the business community in Malaysia.
Chart of the Day: Singapore-listed equity offerings up 6.1% to $5.22b in August
Follow-on offerings surged 130.3% YoY to $4.53b.
Equity capital market activity hits two-year high at US$3.8b YTD
Follow-on offerings outpaced IPOs and convertibles in proceeds.
Nine precincts join business improvement district programme
They include historic, civic, and mixed-used districts.
Investment firm Sinostar PEC to inject $240m for China plant
The plant has a production capacity of processing about 200,000 tonnes of polypropylene per annum.
Singapore and Sichuan firms team up for business deals
Amongst the deals is the establishment of the Singapore Innovation Centre for SMEs in Sichuan.
Surbana Jurong Capital and Mitsubishi forms US$500m fund for urban developments
The JV will gear towards projects like rail-related developments and affordable housing.
Commentary
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